MTNL Share Price Today: Why Telecom Stock Surged Over 19% - Key Reasons Explained

MTNL Share Price Today: Shares of Mahanagar Telephone Nigam Limited (MTNL) surged over 19% during Wednesday’s trading session, driven by optimism around government-backed reforms and strategic asset monetisation.

MTNL Share Price Today

On the BSE, the stock opened at Rs 48.53 and soared to a high of 57.90. As of 2:06 PM, MTNL was trading at Rs 57.33, up  8.80 or 18.13%.

On the NSE, similar momentum was observed. The stock opened at Rs 48.90 and touched a high of Rs 57.79. At 2:07 PM, it was trading at Rs 57.64, rising 9.13 or +18.82%.

What’s Behind the Rally?
The surge comes in the wake of reports that the central government is formulating a policy framework to facilitate the streamlined transfer of immovable assets—such as land and buildings—owned by telecom PSUs including BSNL, MTNL, and ITI, to other government ministries and departments.

According to news sources, a high-level meeting chaired by the Cabinet Secretary on June 12, 2025, concluded with a directive to create comprehensive guidelines for this transfer process. The move is aimed at optimising public sector resources, accelerating asset monetisation, and supporting the restructuring of debt-laden telecom PSUs.

Government Push for Greater Competition in Telecom

Adding to the positive sentiment, Union Telecom Minister Jyotiraditya Scindia made a significant statement on Tuesday at a Broadband India Forum event, highlighting the need to break the duopoly in the telecom sector, as per media reports.

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He also revealed that the government will issue rules for delicensing the 6 GHz spectrum before August 15, which will be used for Wi-Fi services and bridging the digital divide.

Telecom Stocks Rally
MTNL’s rally also uplifted other telecom-related stocks. Shares of Vodafone Idea and Bharti Airtel saw gains during the session. Other related stocks such as TTML, HFCL, Bharti Hexacom, and Indus Towers jumped between 1–5% as investor sentiment turned positive on sector-wide reform hopes.